LONDON MARKETS.

Auckland Star, Volume LVII, Issue 302, 21 December 1926, Page 4

LONDON MARKETS.

HIGH COMMISSIONER'S CABLE. BUTTER MARKET QUIET. (By Telegraph.—Press Association.) WELLINGTON, December 20. The Department of Agriculture has received the following cablegram, dated the IStli December, from the High Commissioner for New Zealand, London:— Butter. Market quiet. Official quotations are: — New Zealand.—Salted (new season's). 170/ to 172/ per cwt (1/6% to 1/6V4 per lb); other qualities, 162/ to 164/: finest stored. 164/ to 166/; other qualities, 156/ to 158/. New Zealand Control Board official minimum prices are: —Finest, 172/; first grade, 170/. Australian. —Salted, 166/ to 170/; unsalted. 168/ to 172./; other qualities, 140/ to 160.'. Canadian.—l 64/ to 165/. Argentine.—Unsalted, 156/ to 160/; other qualities, 136/ to 154/. Siberian.—ls4/ to 156/. Danish.—lS6/ to 188/. Cheese. Canadian market steady. New Zealand slow. Official quotations are: — English Finest Farmers.— (Demand is good) 108/ to 112/ per cwt. Canadian.—Finest coloured and white, 94/ to 96/: exceptional, 98/. New Zealand. —Coloured and white, 95/ to 96/. Control Board minimum prices are: Finest, 96/ per lb); first grade, 95/. Australian.—Coloured, 92/ to 93/. Shipments of New Zealand produce arrived this week per Kia Ora, Port Hacking and Rimutaka. Tallow. Poor demand at auction. Official quotations are:—Mutton, fine 40/ per cwt, fair to good 36/6 to 39/, dark to dull 35/ to 35/6; beef, sweet and/or mixed 37/6 to 40/. fair to good 35/6 to .37/, dark to dull, 34/ to 35/; mixed, fair to good, 35/ to 37/, dark to dull, 34/ to 34/6; gut, etc., 32/6 to 34,'. Apples. Market dull and irregular. Current prices for boxes:—American, red sorts 7/6 to 10/, Newton Pippin 9/6 to 12/; Canadian, red sorts 10/6 to 12/6; Newton Pippin 12/ to 14/. Hemp. Manila market firm and closed quieter. "J" grade October-December shipments sold at £48 and January-March shipments £47 10/. Output from January 1 to November 30, 1,160,000 ' bales, against 1,138.000 for same period last year. Stocks in Manila at November 30, 150,000, against 164,000; Great Britain, 6428, against 29,374. Sisal market irregular, on report Mexican offered £28 10/ c.i.f. Great Britain. Fair demand for No. 2 Tanganyika at £41. Little offering. New Zealand market quiet but steady, ■with little offering. High points December-February shipments quoted sellers £38 10/ and fair £36 10/. • Wool. Bradford market quiet with only small amount of new business being done. Present quotations for tops are: —60-64's (Merino), Avarp 3/10, average 3/9; 56's (super halfbred), 2/7: 48/50's (halfbred), 2/1; 40's, prepared, 1/7}?.